Smart, the retirement technology company behind Smart Pension, has launched the Future of Global Retirement report. Featuring YouGov research commissioned by Smart, the report looks at how the retirement industry will develop in countries such as the United Kingdom, Australia and the United States in years to come, following the coronavirus pandemic.
Key findings from the report:
And further afield in the more developed Australian and American DC retirement markets:
Commenting on the report, Michael Watkins, director of retirement proposition at Smart, said:
“With the global retirement market worth $47 trillion, we’ve looked at how savers have seen their retirement plans change due to the COVID-19 pandemic. Our report shows that innovation in retiretech will be vital to support the evolving needs of savers in three of the largest DC pensions markets in the world in an industry that has historically been slow to change.”
Download the full report: https://www.smart.co/future
For more information visit: https://www.smartretire.uk/
Smart is a global savings and investments technology platform provider. Co-founded in 2014 by Andrew Evans, Group CEO, and Will Wynne, Group MD, it is one of the UK's largest providers of workplace pensions. Its award-winning master trust, Smart Pension, is overseen by independent professional trustees.
In 2020 Smart Pension was named Master Trust Offering of the Year at the Pension Age Awards. Other awards include DC Master Trust of the Year, DC Innovation of the Year and Retirement Innovation of the Year in the 2019 UK Pensions Awards. Smart Pension was also named European Pension Fund of the Year 2019 in the European Pension Awards.
Legal & General Investment Management (LGIM), J.P. Morgan, Link Group, Natixis Investment Managers, Barclays, Chrysalis Investments and DWS Group are all investors in Smart.
We tweet as @SmartPensionUK.
Contact the Smart press office on 020 8016 2553 or email [email protected]